Chief Minister Y S Jagan Mohan Reddy will be launching India’s biggest ‘UPI-based payment system’ on Monday along with Dilip Asbe, MD and CEO of National Payment Corporation of India and L V Prabhakar MD & CDO of Canara Bank. This state-of-the-art initiative would pave the way for customers to experience easy, safe and instant payment mode of UPI for their day-to-day transactions.
With the introduction of QR Code, the UPI is set to empower thousands of villagers with digital payments and provide an all new level of convenience with respect to their regular payments. The customer needs to file a request to perform UPI transactions. This will translate a pop QR code on the computer screen present in the Village Secretariats and Ward Secretariats, indicating that money needs to be collected.
the State government in association with National Payment Corporation of India (NPCI) and Canara Bank, announced accessibility of United Payments Interface (UPI) to 15,004 village secretariats and ward secretariats throughout the State from Monday.